If a monopoly generally brings a loss of economic efficiency and consumer surplus, why would a local government give only one utility company (such as a cable television company) a license to enter its market? Should local governments continue this practice?

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The Answer of If a monopoly generally brings a loss of economic efficiency and consumer surplus, why would a local government give only one utility company (such as a cable television company) a license to enter its market? Should local governments continue this practice?

If a Monopoly Generally Brings a Loss of Economic Efficiency